Cost of living up again!

By BBN Staff: During the month of September, Belizeans paid an average of $1 more for goods and services when compared to September 2017, according to the latest Consumer Price Index (CPI) released by the Statistical Institute of Belize (SIB).

The information, released today, monitors price changes for a set number and type of items which forms the SIB’s CPI basket. The data showed that only the “Food and Non-Alcoholic Beverages” category saw a decrease in prices, falling by a marginal 0.4 percent.

The Transport sector had the highest increase, 1.7 Percent, due largely to the escalating prices of gasoline in Belize. International airfares were also up during the month. Housing, Water, Electricity, Gas, and Other Fuels was next, going up by 1.5 percent, driven up mostly by increases in the cost of butane, electricity, and to a lesser extent, home rental costs.

The “All other Goods” category was also up by 1 percent. Measuring inflation by municipality, San Ignacio//Santa Elena, Punta Gorda and Orange Walk had the highest inflation rates, going up by 2.9, 1.6 and 1.5 percent respectively.

Trending Stories

Archives

Archives

Email Address

Preferred Format

HTML

Text

Advertising Opportunity Looking for Internet marketing, social media presence and direct email exposure to a Belizean oriented market of over 500,000 individuals every month? Breaking Belize News is able to offer a marketing package that uses internet, social media and email to reach over 500,000 Belizean-centric potential customers each month. Email us at [email protected] for more information.

Breaking Belize News invites you to share your story with the world. Please email us your news at [email protected]

We use cookies to ensure you receive the best experience on our site. If you continue to use this site , you are agreeing to our terms and conditionsAccept